Off-Campus Leases When
University is the Tenent
In
order to help us find you the best available space for your need,
please complete the leasing request form. Some of items needed
are the squae feet needed, what type of space, for how long, and
desired location. Bear in mind there is very little office or other business space to be found in Tuscaloosa.
Lease Request Information Form
The
Board of Trustees requires that all off-campus leases comply with Board
Rule 415 Attachment E. Any
leases
executed without compliance with Rule 415- E
cannot
be paid with University
funds and the individual signing the lease may be personally
responsible
for the payments associated with a non-compliant lease.
The requesting department is responsible for any rent.
Operative
leases may be approved
by the campus Presidents or their designated agents who are authorized
to sign
lease agreements on behalf of the Board of Trustees
of
the University of Alabama,
if they meet one of the following criteria:
- · The
lease has duration of one year or less.
OR,
- · The
lease has a cumulative lease value of
$750,000 or less.
(Example: $5,000 per month x 12 = $60,000; 5 year lease
= $300,000.)
OR,
- · The
lease is between the University and an
affiliated institution, such as a foundation or non-profit corporation.
Please download the following files:
Approval Routing Sheet
Explanation of Board Rule 415-E
Approval of Lease form
Please
fill out the request form completely and attach a copy of the lease if
you have one. Be sure and fill out top lines on the routing sheet. Send
the completed form by campus mail to Land Management, Box 870176.